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Originally Posted by Jim613
Not specific to this project, but with the state of retail in general these days with restaurants and stores (chain or not) closing on a regular basis, is there any type of retail that has the staying power to ensure that ground level retail in condos is not a revolving door?
The only two that I can think of are grocery store and...pharmacies. But aside from that, what else would work on a long-term basis?
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Bars, cafes, wine and beer stores, restaurants, basically service industries, will also continue to be successful. As for traditional object oriented retail, the new trend will be pop up shops. I've recently visited malls in Asia which each had entire sections reserved only for this. And brands will use these for their marketing more so than for merchandising and selling. I also think that large banners, like the Bay and Nordstrom, will continue to do well.